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The State of Financial Engineering
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<blockquote data-quote="Daniel Duffy" data-source="post: 100708" data-attributes="member: 607"><p><em>Throughout our Internet search, the following topics were absent from the syllabi of the numerical analysis courses within the financial engineering curricula of the academic institutions we reviewed</em></p><p> </p><p>Did you look at commercial offerings ?, e.g. mine<img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile :)" loading="lazy" data-shortname=":)" /></p><p> </p><p><em>[...] the elements of numerical analysis are not addressed, perhaps because this would take up too much time and force the school to hire teachers who would demand higher pay and thus decrease yields.</em></p><p> </p><p>There are a number of issues; indeed, where will you find a PhD in numerical analysis who also knows finance and the fact that numerical analysis demand pre-requisite knowledge of real analysis, linear algebra and some more.</p></blockquote><p></p>
[QUOTE="Daniel Duffy, post: 100708, member: 607"] [I]Throughout our Internet search, the following topics were absent from the syllabi of the numerical analysis courses within the financial engineering curricula of the academic institutions we reviewed[/I] Did you look at commercial offerings ?, e.g. mine:) [I][...] the elements of numerical analysis are not addressed, perhaps because this would take up too much time and force the school to hire teachers who would demand higher pay and thus decrease yields.[/I] There are a number of issues; indeed, where will you find a PhD in numerical analysis who also knows finance and the fact that numerical analysis demand pre-requisite knowledge of real analysis, linear algebra and some more. [/QUOTE]
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The State of Financial Engineering
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